Published 3 years ago

Ford’s new CEO tackles warranty costs in bid to boost profit

Summary

Taking a page from the automaker’s ad slogan of the 1980s and ‘90s, Ford’s new chief executive, Jim Farley, is aiming to rein in rising warranty repair costs that are a key reason why the Dearborn, Michigan, automaker’s financial performance in North America has lagged that of its archrival, General Motors Co.

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News18 India

Ford’s New CEO Tackles Warranty Costs In Bid To Boost Profit

Quality is once again Job One at Ford Motor Co.

3 years ago·India

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Reuters

Ford’s new CEO tackles warranty costs in bid to boost profit

Quality is once again Job One at Ford Motor Co.

3 years ago·United Kingdom

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Today

Ford’s new CEO tackles warranty costs in bid to boost profit

DETROIT - Quality is once again Job One at Ford Motor Co.

3 years ago·Singapore

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OAN

Ford’s new CEO tackles warranty costs in bid to boost profit

November 24, 2020By Ben KlaymanDETROIT (Reuters) – Quality is once again Job One at Ford Motor Co.Taking a page from the automaker’s ad slogan of the 1980s and ’90s, Ford’s new chief executive, Jim Farley, is aiming to rein in rising warranty repair costs that are a key reason why the Dearborn, Michigan, automaker’s financial performance in North America has lagged that of its archrival, General Motors Co.As part of its new effort to cut war…

3 years ago·San Diego, United States

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Automotive News

Ford tackles warranty costs in bid to boost profit

As part of its new effort to cut warranty costs, Ford has told suppliers it will charge them upfront for half the cost of a warranty problem. Suppliers might get some of the money back if they resolve problems more quickly.

3 years ago·United States

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